281 Chapin Place WayChapinSC29036
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Chapin at 281 Chapin Place Way, Chapin, SC, 29036 priced at $354,645 converts $2,394/mo rent into $246/mo cash flow after a $1,736/mo obligation. Total monthly income equals $2,394/mo, and annual cash flow totals $2,957/yr on $117,565 invested. Return on cash invested prints 22.42% in year one, and rental yield reads 8.1% against a $354,645 entry. Equity gained on principal adds $2,288/yr, while 5% annual appreciation compiles into $97,982 by year five. Five-year ROI reaches 116.17% and total cumulative return in cash sums $136,580. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,394/mo property income covering a $1,736/mo payment, not borrower’s personal income.
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$435 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 29036, Chapin, SC area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,964 (100%) |
| Owner Occupied HU | 10,059 (84.1%) |
| Renter Occupied HU | 883 ( 7.4%) |
| Vacant Housing Units | 1,022 ( 8.5%) |
| Median Home Value | $415,767 |
| Average Home Value | $516,920 |
Housing Distribution
Address Breakdown
Residential
12,113
Single Family
11,956
Multi-Family
157
Businesses
548
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crystal Bartlett • SM South Carolina Brokerage LLC
Mls Name: Consolidated MLS
Mls Provider:
Mls ID: #607574
Disclaimer: IDX listing data provided courtesy of Consolidated MLS - Columbia, SC